Over 1.6 million active accounts have generated nearly $600 million in gross gaming revenue since sports betting went live in early 2023.
Over 1.6 million active accounts have generated nearly $600 million in gross gaming revenue since legal sports betting in Massachusetts launched in early 2023.Significant economic impacts. Public health safeguards. Thousands of new jobs. Hundreds of millions in tax revenue for the state.
That’s a bold statement for the Bay State’s betting regulator to make, but the numbers are certainly there to back it up. In its first year of action, $594.9 million in gross gaming revenue was generated which helped state coffers haul in $118.5 million in total tax revenue. The MGC highlights that more than 100 Massachusetts residents have joined the sports wagering industry workforce in the last year, while nearly 4,500 minorities and more than 3,300 women have become employed in the new industry as well.The Bay State has prioritized responsible gaming alongside the introduction of sports wagering, and the results from year one showcase the state’s commitment to safe and responsible gaming practices.
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